The story of this market
The typical home in ZIP 97487 sells for about $535,000, or $575 per square foot.
Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,750 a month.
ZIP 97487 — Veneta
The Veneta housing market remains stable, characterized by limited inventory and steady demand from buyers seeking suburban alternatives to Eugene. Prices have maintained a consistent upward trajectory, supported by the area's appeal to families and commuters. Current market conditions reflect a balanced environment where well-priced homes continue to move at a moderate pace.
Veneta is ideal for families and commuters seeking a quieter, small-town lifestyle within a reasonable driving distance of Eugene's major employment and cultural hubs.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 72 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 97487, Lane County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Veneta generally experiences lower crime rates compared to the larger Eugene-Springfield metropolitan area, with property crime being the primary concern. Local law enforcement maintains a community-focused approach to safety.
Schools in the Fern Ridge School District serving Veneta are generally rated as average, with a focus on community-integrated education and smaller class sizes compared to urban centers.
The area faces moderate wildfire risk common to the Willamette Valley and is subject to standard regional flood-plain management near the Fern Ridge Reservoir.
Growth is driven by its status as a bedroom community for Eugene, with ongoing residential development and infrastructure improvements focused on maintaining its small-town character.
Property taxes are assessed by Lane County based on the state's constitutional limits (Measure 5 and 50), with additional levies for local school districts and municipal services.
Commuters primarily use Highway 126 to reach the Eugene-Springfield employment core, a drive typically taking 20-30 minutes depending on traffic.
The area is anchored by the nearby Fern Ridge Reservoir, offering extensive boating, fishing, and bird-watching opportunities, alongside local parks and trails.
The rental market is tight with limited inventory, primarily consisting of single-family homes, reflecting the city's suburban residential nature.
The economy is largely tied to the broader Eugene-Springfield labor market, with local employment concentrated in retail, services, and education.
Transportation is heavily reliant on private vehicles, with Highway 126 serving as the primary artery connecting the city to the regional transit network.
Development is focused on managed residential growth and small-scale commercial expansion to support the local population.
The Lane County Assessor manages property valuations in accordance with Oregon's statewide assessment standards.
Parcels are subject to Fern Ridge School District levies and various local fire and utility district assessments.
Property insurance premiums are influenced by regional wildfire risk assessments and proximity to fire protection services.
Data retrieved from data.census.gov for ZCTA 97487.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Round1 Bowling & Arcade - Eugene416.1 mi
- Putters Family Entertainment Center4.214.6 mi
- DEFY Eugene4.716.5 mi
- Get Air Trampoline Park4.312.9 mi
- Escape the Room Oregon4.919.4 mi
- Autzen Stadium4.717.5 mi
- Hayward Field4.817 mi
- Lane Events Center4.315.3 mi
- Hult Center for the Performing Arts4.816.2 mi
- Matthew Knight Arena4.617.2 mi
- Sweet Cheeks Winery4.65.4 mi
- Sarver Winery4.65 mi
- Hinman Vineyards4.86.1 mi
- Wild Iris Ridge4.512.4 mi
- Zumwalt County Park4.59.1 mi
- Museum of Natural and Cultural History4.717.1 mi
- Eugene Science Center4.517.3 mi
- Dorris Ranch4.719.1 mi
- Jordan Schnitzer Museum of Art4.516.7 mi
- Adventure! Children's Museum4.716.1 mi
- West Kirk Park4.412.6 mi
- Wild Iris Ridge4.512.4 mi
- Zumwalt County Park4.59.1 mi
- Perkins Peninsula Park4.38.7 mi
- Bethel Community Park4.612.9 mi
- Orchard Point Marina and Boat Ramp4.412.7 mi
- WEST LANE CENTER4.17.4 mi
- Eugene Airport4.514.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional destination for boating, fishing, and wildlife viewing.
Central community space for local events and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.